Seacrest Markets Review: Programs, Payout Reality, PTI Score & Final Verdict

Honest, Deep & Complete Analysis

January 30, 2026
10 min read
Seacrest Markets promotes structured funding with clear rules—but structure only builds trust if payouts, support, and trader treatment remain consistent. This review evaluates Seacrest Markets’ programs, withdrawal process, complaints, and its standing on MFF’s PropTrust Index.

Overview – Quick Snapshot

Firm Name:Seacrest Markets
Founded:2022 (as MyFundedFX; rebranded 2025)
Headquarters:Archiepiskopou, Makariou III, 228, Agios Pavlos, Floor 3, 3030, Limassol, Cyprus
Max Funding:$400K initial (scales to $1M in 2-Step models)
Funding Model:1-Step, 2-Step, 3-Step evaluations
PTI Index:8.9/10

What is Seacrest Markets?

Seacrest Markets is a proprietary trading firm (with integrated brokerage) that funds traders via simulated capital after evaluation challenges, providing access to up to $400K initial accounts (scaling higher) on MT5, Match-Trader, and cTrader. Traders can access forex, indices, commodities, energies, metals, and crypto CFDs (including weekend crypto).

It aims to offer:

  • Flexible evaluation models (1-Step, 2-Step, 2-Step News, 3-Step) with no time limits
  • Account sizes from $5K to $100K+ (scaling to $1M in select paths)
  • Bi-weekly payouts (some faster after min days), with crypto/Riseworks options
  • Broker-backed execution via FSCA-regulated Seacrest Markets PTY Ltd Weekend crypto trading, news permissions (managed in funded), and community incentives
Rules feature static drawdowns (e.g., 4% daily / 6–8% max in many models), prohibited strategies like HFT/latency arbitrage, and no consistency rules in most paths. X sentiment remains largely positive on payouts and conditions, though some mention occasional spread concerns or past rule tweaks.

How Seacrest Markets Differs From Other Prop Firms

Advantages

  • Broker-backed stability
    Own FSCA-regulated brokerage reduces third-party risks, provides raw spreads/execution, and enables MT5 access post-industry changes.
  • Flexible no-time-limit models
    Unlimited days across challenges suit swing/position traders; multiple paths (including 3-Step for steadier progress).
  • Weekend crypto & news flexibility
    Crypto holds over weekends; news trading allowed (with funded buffers like 6-min windows or pre-open rules).

Limitations

  • No instant funding (currently)
    Evaluation required; no skip-to-funded like some competitors
  • Drawdown & restrictions
    Standard 4%/6–8% limits; funded news rules can catch aggressive event traders.
  • US restrictions
    No onboarding for US clients post-rebrand.

Funding Programs Comparison

Criteria1‑Phase Evaluation2‑Phase Evaluation3‑Phase Evaluation
Account Sizes$5K–$100K$5K–$100K$5K–$100K
Challenge Fee$50- $500$50- $500$40-$395
Profit Target10%Phase 1 – 8% Phase 2 – 5%6%
Max Drawdown6%8%8%
Daily Drawdown4%5%4%
Profit Split80% standard (add-on/VIP to 90–92.75%)80% standard (add-on/VIP to 90–92.75%)80% standard (add-on/VIP to 90–92.75%)
Time LimitUnlimitedUnlimitedUnlimited
Leverage30:130:130:1
Min. Profitable Days3 Days3 Days3 Days
News TradingAllowedAllowedAllowed

Platforms, Instruments & Execution

Trading Platforms

  • MetaTrader 5 (MT5)
  • Match-Trader

Available Instruments

  • Forex (majors, minors, exotics)
  • Indices
  • Commodities/Energies
  • Metals
  • Crypto CFDs (weekend holding permitted)

Payouts, Profit Split & Withdrawal Process

Profit Split80% standard (add-on/VIP to 90–92.75%)
First PayoutAfter 14 calendar days from first trade
Subsequent PayoutsBi-weekly (every 14 days)
Payout SpeedOften within 24–48 hours
Payout Methods
CryptoRiseworks (Rise)
Payout ProofFrequent X/Discord shares; $56M+ total since 2022

📌 Seacrest Markets features reliable, broker-backed payouts.

Support & Reputation

Support Quality

Seacrest Markets offers 24/7 support mainly via live chat and a very active Discord community (125K+ members). Responses are generally fast (minutes to a few hours) and helpful, especially for setup, KYC, technical issues, and payouts—traders frequently praise team members like Taleb and Omaferan for being responsive and knowledgeable. Rule clarifications (e.g., on HFT, scalping <2 min, arbitrage, or funded news buffers) tend to be clear but standardized, with limited discretionary flexibility and no appeals on breaches. Most X and Discord feedback sees this as a fair trade-off for reliable bi-weekly payouts and broker-backed execution, though a few mention frustration with occasional rule tweaks or edge-case rigidity.

Quick (often minutes via live chat/Discord)

Trustpilot Rating

Independent reviews from real users

0/5

Community Size

Active traders using this platform

150k+

What Traders Praise

  • Fast/reliable payouts (many X shares of quick crypto/Rise transfers)
  • Broker execution & low costs
  • Flexible rules & weekend crypto
  • Strong support/community (events, giveaways)

Common Complaints

  • Spread variability (some query "true" variable)
  • Funded news buffers/restrictions
  • Occasional rule changes (past adjustments noted)
  • Dashboard/usability dips in some feedback

Pros & Cons

Pros
Cons
Broker-backed (FSCA-regulated) execution & stability
No current instant funding
No time limits + multiple challenge types
News restrictions in funded accounts
Weekend crypto trading
US client restrictions
Fast bi-weekly payouts & $56M+ track record
Leverage conservative (e.g., 1:30 forex in some)
Active community/events & quick support
Younger track record vs decade+ firms

Red Flags (If Any)

  • Rebranded/younger firm (2022 origin, 2025 changes) – solid payouts but shorter history
  • US restrictions & no instant model
  • Minor spread/commission complaints (common industry)

Who Should Use Seacrest Markets?

Perfect For

  • Swing traders and position holders who benefit from unlimited challenge time, weekend holding permissions, and trailing drawdown protection in 1-Step challenges
  • Community-oriented traders valuing active Discord engagement, responsive support, and peer learning environments
  • News traders willing to operate within 3-minute restricted windows on funded accounts or purchase specialized 2-Step News Plan
  • Disciplined scalers seeking structured growth paths with clear quarterly milestones (12% profit + 4 withdrawals = 25% balance increase) to $1M maximum
  • Traders prioritizing broker-backed infrastructure over third-party reliance, particularly after industry-wide platform disruptions affected competing firms Copy traders using TradersConnect platform for strategy replication (prohibited on other platforms)
  • Performance-focused traders targeting VIP tier progression for 85-92.75% profit splits through sustained consistency

Not Ideal For

  • High-frequency traders, tick scalpers, or arbitrage users (HFT, ultra-short-duration trades, and exploitative strategies strictly prohibited with fast enforcement)
  • Event-driven traders requiring unrestricted news trading on funded accounts without 3-minute blackout windows (challenges permit news trading, but funded accounts do not)
  • Aggressive position traders needing higher than 1:30 leverage or exceeding 2% total account risk simultaneously
  • EA/automated traders relying on MT5 bots (EAs prohibited on MT5 except through STT Social Trader Tools; permitted on other platforms)
  • Traders sensitive to platform inconsistencies or requiring flawless technical execution (MatchTrader issues reported by subset of users)
  • Those preferring instant funding models or single-step evaluations with minimal phase transitions
  • Traders valuing decade-long operational track records and minimal rule evolution over newer broker-backed firms with ongoing adjustments

Step-by-Step: How to Get Funded

1

Select your evaluation pathway and account size: Choose between 1-Step (10% target, 6% trailing DD), 2-Step (8%/5% targets, 8% static DD), 2-Step Max (evolving parameters, faster payouts), or 3-Step (flat 6% targets per phase) with sizes from $5K to $300K.

2

Pay the one-time challenge fee and optional upgrades: Challenge fees vary by size and model ($38 entry-level to $500+ for larger accounts); optionally add 90% profit split upgrade (+20% of base fee) or select specialized 2-Step News Plan if requiring funded account news trading permissions.

3

Trade the evaluation phase(s): Achieve profit target (10% for 1-Step, 8%/5% for 2-Step, etc.), stay within daily drawdown (4-5% depending on model) and max drawdown (6-8% static or trailing), complete minimum 3 profitable trading days per phase (0.5% daily profit minimum), comply with consistency rules (35% max from single trade in 1-Step challenges), and avoid prohibited strategies (HFT, tick scalping, arbitrage, platform exploitation)—unlimited time to complete.

4

Pass KYC verification via Sumsub: Submit government-issued ID and recent proof of address after completing all challenge phases.

5

Receive your funded Seacrest account: Simulated capital demo account (displayed as "Live Sim" on broker platform) with real profit-sharing from $5K to $300K initial balance (scaling potential to $1M).

6

Start trading under funded account rules: Navigate additional restrictions not present in challenges including ±3-minute news trading prohibition around Red Folder events, 2% total position risk cap, minimum 2-minute average trade duration, and real-time drawdown monitoring.

7

Request first payout after 14 days from first trade: Withdraw 80% base profit split (or 90% if purchased upgrade) via RiseWorks or crypto, processed in 12–72 hours; continue trading during payout processing without account interruption.

8

Scale through VIP tiers and quarterly balance growth: Progress from Tier 0 (80%) to Tier 3 (92.75%) through consistent performance; achieve 12% net profit + 4 withdrawals within 90-day windows to unlock 25% balance increases every quarter toward $1M maximum capital.

Total Steps: 8Follow all steps to get funded

Final Verdict

Our comprehensive analysis conclusion

8.91/10PTI INDEX
Trade With Caution

Our Recommendation

Seacrest Markets offers strong value for structure-focused traders with broker-backed execution (FSCA-regulated in South Africa), flexible evaluations (1- to 3-Step), and VIP profit splits up to 92.75% for consistent performers. Vertical integration boosts resilience, while unlimited challenge time, weekend holds, real-time drawdown monitoring, and quarterly scaling to $1M provide clear edges over third-party-dependent firms. Its active Discord community (125K+ members), fast payouts (12–72 hours), and praised support (e.g., Taleb, Omaferan) foster a supportive environment for rule-compliant traders. With $56M+ in verified payouts since 2022 and 95K+ users across 190+ countries, it shows solid reliability. As a younger firm (founded 2022, rebranded 2025 from MyFundedFX), it lacks veteran longevity like FTMO. Traders note occasional Match-Trader inconsistencies, funded news restrictions (±3-minute windows), challenge-to-funded rule differences (e.g., 2% risk cap and 2-minute trade duration only post-funding), and evolving policies—these are typical growing pains, not systemic red flags.

No major scam signals, widespread denials, or fraud patterns appear in 2026 feedback.

Frequently Asked Questions

Seacrest Markets is a legitimate broker-backed prop firm founded in 2022 (rebranded from MyFundedFX in 2025), operating through entities in Hong Kong and Cyprus with a South Africa FSCA-licensed brokerage. It has distributed over $56M in payouts, serves 95,000+ active users across 190+ countries, and maintains an active 131K-member Discord with payout proofs. As a younger firm with recent rebranding, verify your strategy complies with funded account rules (news windows, 2% risk cap, trade duration minimums).
First payout: After 14 calendar days from first trade on the funded account (min $65). Subsequent payouts: Bi-weekly (every 14 days) for standard challenges, or every 5 days for 2-Step Max. Processing time: 12–72 hours via RiseWorks or crypto (USDT/USDC). Trading continues during processing.
Yes, scalping is allowed if trades meet the funded account 2-minute minimum average duration rule and avoid tick scalping. EAs are permitted on cTrader, Match-Trader, and DXtrade (not on MT5 except via STT Social Trader Tools). All strategies must avoid HFT, arbitrage, and platform exploitation, and respect the 2% total position risk cap. Copy trading is only allowed via the official TradersConnect platform. Verify your specific strategy with support or the Terms & Conditions.
Yes – challenges require 3 profitable trading days per phase (≥0.5% profit per day based on initial balance). Funded accounts have no minimum trading day requirement, only the 14-day waiting period from first trade before the first payout request.
Complaint